March 14, 2018 BY Valentina Kirilova
SEC charges foreign affiliates of KPMG, Deloitte, BDO
The Securities and Exchange Commission (SEC) announced that it has charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB). The firms agreed to settle the charges by paying penalties or disgorging their profits from the…
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